Economic Development Futures Journal

Wednesday, April 23, 2003

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Kentucky Has Lowest Electric Power Rates

New state-by-state rankings by the U.S. Energy Information Administration have once again placed Kentucky dead last. State officials and industries couldn't be happier. An annual report on electric rates show that Kentucky again "takes the prize" for the lowest prices in the nation, said Rodney Dunn, electric power industry specialist for the administration.

Although the average rate per kilowatt-hour has edged up a tenth of a cent over the past year, to 4.3 cents, it remains the envy of the rest of the country, especially among businesses and industry, said attorney David Boehm, a spokesman for Kentucky Industrial Utility Customers, a statewide industry group.

Energy Information Administration website.

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